The State Property Committee of Azerbaijan selects a consultant to check the quality of products provided for preparing an electronic inventory database for Ganja and Sheki. As stated in the declaration of the committee, the selection is carried out in the framework of the "Register of immovable property" on account of the development of the World Bank loan.
The time of the work of the consultant is 4 months. Applications from companies to participate in the selection are accepted until 5 September 2014.
Recall that in March 2007, the Board of Directors of the World Bank approved a loan for Azerbaijan in the amount of $ 30 million. It is referred to the project, which aims to provide a reliable, transparent and efficient system of registration of immovable property. Another $ 8 million for the project will be provided by the government of Azerbaijan.
The project consists of four components: online real estate registration, improving the management of state property, mapping survey innovations, and trainings. -17D-
Economics
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Azerbaijan is poised to increase wheat imports for the 2024-2025 season following a significant drop in domestic wheat production this year. According to data from the State Statistics Committee, the country harvested 1.68 million tons of wheat in 2024, marking an 8.1% decline from the previous year. This downturn in output, combined with rising import volumes in recent months, indicates that Azerbaijan may lean more heavily on foreign suppliers to meet its wheat needs.
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Azerbaijan Railways CJSC (ADY) has announced the restructuring of its container transportation management in an effort to enhance the efficiency of transit cargo transportation. As part of this reorganization, ADY Express will merge with ADY Container starting on November 1, 2024. The consolidation is aimed at expanding the range of services offered in both container and carriage transportation.
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Azerbaijan has introduced a legal framework enabling the electronic state registration of legal entities with foreign investments, regardless of whether their founders are individuals or legal entities, according to the State Tax Service. The announcement was made by Samira Musayeva, Deputy Head of the State Tax Service, during a meeting of the "Entering Business" Working Group.
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The World Bank aims to deepen its involvement in Azerbaijan's economic development through a new partnership framework program, according to discussions between Azerbaijani officials and World Bank representatives. The proposed framework, which will cover the years 2025-2029, is designed to support the country’s transition to an innovative and less resource-dependent economy.
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